The Indianapolis journal. [volume] (Indianapolis [Ind.]) 1867-1904, 1887-11-08
CONDITION OF THE MARKETS
Wheat Rules Very Quiet and Dull, Fluct-
uatiOns Being Exceedingly Narrow.
Corn Dull, Business in That Grain Being Al
most at Standstill-0ats Easier-Pro-
visions Quiet, with Pressure to Sell.
MoNEY, BONDS AND STOCKS.

light Business In New York, Accompanied by
UnimpOrtaut Fluctuations.
NEW YORK, Nov. Mooney call was
easy at 81 to II per cent, closing offered at Al
per cent
Prime mercantile paper. Gas per cent
Sterling exchange quiet and steady at
"a 81 for sixtyday bills land 81 So for demand.
The total sales of stocks TO day were 235, 669
shares. including the following: Canada South
ern. 1880; Delaware. Lackawanna IL Western,
1850; Lake Shore, 1920; Missouri Pacific. II,
100; North western, II. 020: Reading. Al. 800; St
Paul, 3l.a40; Union Pacific, 5000; Western
Union, 1875.
The fact that tomorrow is a holiday here. in
duced many brokers to leave the city until
Wednesday, and tine volume of business to-day
was smaller than usual Fluctuations also
were, a a general thing, of small significance,
and little feature of interest was developed dur
ing the session. The depression of Saturday
still had some effect in the early trading. but
the demand for stocks fully equaifed The sup
ply. and an improvement which was somewhat
of surprise TO the "bears" took place. The
speculation confined to few stocks only,
and in the Vanderbits alone was there anything
of importance. They early became the special
feature of the market by reason of their unus-
nal strength. This accompanied by
rumor that the Vanderbi;ts had obtained con-
troll of the Duluth South Shore & Atlantic. but
this Was subsequently, denied. when the ac-
the favorable traffic returns There was
a demonstration in Reading in the afternoon
based on the satisfactory condition OF the coal
srade. but the movement not of especial
Importance. Free oscillations in the last hour
wiped out mos. of the gains and the days trans
actions were of little significance except in the
group Of stocks mentioned. The opening
was fairly active but heavy To weak at declines
from Saturdays final figures of from to per
cent The list was strong, however. and tina
losses Of the opening were soon made up.
few stocks were quite weak. and Missouri Pa
cifc and San Francisco preferred were promi-
nent. The market then became very dull, but
the Vanderbilfs came into prominence and the
general list followed, Reading and Missouri Pa
cifc making the largest gains. The dullness
continued unrelieved. but in the last hour prices
reacted and in many cases the gains of the day
were neutralized. The close was dull and fairly
steady. Closing prices show irregular changes
rs compared with those of Saturday, and are
about equally divided between small gains and
Losses, the only important change being gain
of per cent in c.. c., C. & l.
Railroad bonds were dull but firm to strong;
sales 1854, 600. Final prices generally show ad
vances. Chicago e. Eastern Illinois frsts
2, to i164; Richmond & Danville consols, 3, to
lis, and Mobile g. Ohio first debentures, 2, to
At. Wabash, St Louis division frsts, lost 4. at
1I04
Government bonds were dull and steady.
State honda were neglected. Closing quota
ticus were: